AUD/USD: Perfect Bearish Leg!

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As we said in our latest analysis about AUDUSD pair (see chart below), our resistance area has worked properly, and pair has triggered a bearish leg. Having said that, drop has been fast and this confirmed the resistance validity. From a technical point of view, we are now looking for a continuation or reversal pattern on intraday chart. In the next sessions, the pair could give us a clear signal, even if we already have some ideas in mind...

RESISTANCE ANALYSIS
(Click on Chart below)
AUD/USD: Technical Analysis


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